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MLS® A2264673

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $9,210
Approx. Age 1971
MLS® Number A2264673

Property Address: 1241 5 Ave Nw, Calgary, AB, T2N0S1

Average square foot calculated using Size range provided by listing agent.

Description

Positioned in the heart of Calgary’s highly desirable Hillhurst neighborhood, 1241 5th Avenue NW offers a rare multifamily investment with both stability and upside. This two-story, eight- unit apartment building consists entirely of one-bedroom suites, each ranging between 485 and 529 square feet—making it an ideal asset for targeting the city’s growing population of students, young professionals, and downsizers who value inner-city living. Originally constructed in 1971, the property has seen several recent upgrades including a new hot water tank (2020), fresh luxury vinyl plank flooring throughout common areas, and modern balcony railings installed in 2023. While all units have received various levels of interior renovations over time, there remains considerable value-add potential for an investor seeking to modernize and reposition the asset to drive rental growth. With one parking stall per unit, solid building fundamentals, and a location steps from Riley Park, Kensington Village, and CTrain access, 1241 5th Avenue NW stands as a prime value-add opportunity in one of Calgary’s most walkable and sought-after urban communities.Show Description
MLS® NumberA2264673
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1971
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Laundry, window coverings, and appliances

Similar Listings

Price History

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$XXX,XXXSold Price
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00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1241 5 Ave Nw, Calgary, AB

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